Search

CIL confident to achieve Rs 9,000 cr capex target

Coal India (CIL) is confident of achieving this fiscal year's (2013-14) Rs 9,000 crore capital expenditure target. The government-owned company had missed its capex target of last fiscal. CIL has also informed the Union Finance Ministry that it would pay dividend of Rs 7,958 crore for the fiscal year 2013-14.

NHAI not in favour of PPP mode for road projects

Media reports say that the National Highways Authority of India's (NHAI) plea to the government to improve financing provisions for highways project has not worked so far. Recently, 19 high projects were bid out, but there were no takers and NHAI now believes that conditions for public-private partnership (PPP) projects are not right.

Digital Edition